This document contains a short explanation of Capital Gains Tax, the allowances available in the 2024/25 tax year, and how you can use it in your year end tax planning.
General
This section contains miscellaneous & general financial information that you may find useful when dealing with certain life events.
Civil partnerships in the United Kingdom, granted under the Civil Partnership Act 2004, allow couples to obtain essentially the same rights and responsibilities as marriage. Initially the Act permitted only same-sex couples to form civil partnerships. This was altered to include opposite-sex couples in 2019. Though from March 2014 full same-sex marriage was legalised in England, Scotland and Wales, civil partnership remains available. Designed to be very much equivalent to marriage for same sex couples, a civil partnership carries both rights and responsibilities, in very broad terms, attracting the same legal and tax protections/advantages/disadvantages as a traditional marriage. This article explains further.
A short explanation of Inheritance Tax and how to plan for it in your tax planning.
UK News
Government will subsidise prices cuts to encourage a shift away from petrol and diesel.
Beijing says the economy grew by 5.2% in the three months to the end of June, compared to the same time last year.
The platform will bring in the measures from 14 July to stop under-18s looking at "certain mature content".
The coffees shop firm is offering one-time payments to staff who decide to leave rather than comply.
Under the new plan, the US will sell weapons to Nato countries who will send them to Ukraine.